Laity Lodge Foundation FY2020 filing

Tax-deductible

Kerrville, TX501(c)(3)Since 1964ReligionEIN 74-1502152

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Operates a Christian youth camp and family camp focusing on spiritual formation and healthy children and families.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $2.6M a year · 55% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
17 mo
of spending, in cash
Looks good: 16.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $466K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$116K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$631K
Spent
$995K
To programs
93%
Net assets
$26.6M
By yearFY2020–FY2024
Revenue
$631K
FY2020
Revenue by fiscal year
FY2020$631K
FY2021$4.4M
FY2022$5.3M
FY2023$6.1M
FY2024$6.7M
Expenses
$995K
FY2020
Expenses by fiscal year
FY2020$995K
FY2021$1.8M
FY2022$2.4M
FY2023$2.5M
FY2024$2.7M
Net assets
$26.6M
FY2020
Net assets by fiscal year
FY2020$26.6M
FY2021$29.3M
FY2022$32.2M
FY2023$35.8M
FY2024$39.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1965.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $929K Management & general 7% · $67K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
President, Serving as CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
VP & Secretary-Treasurer
$0Pt VII · Sec A
Asst Secretary-Treasurer
$0Pt VII · Sec A
See Laity Lodge Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers Christian camps for youth and families, fostering spiritual growth and well-being.

Provided by the organization

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2 program services account for $929K of program spending, described in the organization's own filed words · FY2020.
01

Typically provides a programmed ecumenical Christian youth camp. Due to a government-mandated shutdown caused by the COVID-19 pandemic, camps were not offered during the summer of 2020.

$602Kprogram expense
02

Typically provides a programmed ecumenical Christian family camp year round. Three weekend retreats were hosted in early 2020 for 82 families prior to a government-mandated shutdown resulting from the COVID-19 pandemic.

$327Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$466K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$631K
Ln 12
Investment incomeLn 3$375K
Other incomeLn 4–11$148K
Gifts and grantsLn 1h$84K
Money outPt IX
$995K
Ln 25
Programscol B$929K
Managementcol C$67K
Owns and owesPt X
$26.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$26.8M
LiabilitiesLn 26$116K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$84K
Noncash giftsLn 1g$33K
Fees for servicesLn 2g$23K
Investment incomeLn 3$375K
Other incomeLn 4–11$148K
Gains on assetsLn 7$248K
Total revenueLn 12$631K
Assets in detailPt X, end of year
CashLn 1$182K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$25.2M
Land, buildings, equipmentLn 10c$108K
Other assetsLn 15$4K
Total assetsLn 16$26.8M
LiabilitiesLn 26$116K
Net assetsLn 32$26.6M
OperationsPt I, VI
EmployeesI 5385
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.2M$1.4M
InvestmentsLn 11–13$24.7M$25.2M
Land, buildings, equipmentLn 10c$126K$108K
Total assetsLn 16$27.5M$26.8M
LiabilitiesLn 26$475K$116K
Net assetsLn 32$27.0M$26.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$544K$544K$0$0
Payroll taxesLn 10$46K$46K$0$0
Management feesLn 11a$61K$26K$35K$0
Investment management feesLn 11f$11K$0$11K$0
Advertising and promotionLn 12$34K$34K$0$0
TravelLn 17$8K$8K$0$0
Conferences, conventions and meetingsLn 19$2K$2K$0$0
Depreciation, depletion and amortizationLn 22$42K$42K$0$0
Other expenses (24a–d)Ln 24$107K$87K$20K$0
All other expensesLn 24e$139K$139K−$10$0
Total functional expensesLn 25$995K$929K$67K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $6.7M$2.7M$4.0M$39.8M 990 PDF
FY2023 $6.1M$2.5M$3.6M$35.8M 990 PDF
FY2022 $5.3M$2.4M$2.9M$32.2M 990 PDF
FY2021 $4.4M$1.8M$2.6M$29.3M 990 PDF
FY2020 Viewing $631K$995K−$365K$26.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $630,559 across 9 lines filed
Lines not itemized here account for −$7,358 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$83,802
VIII-1g Noncash contributions (included above)$33,277
VIII-1h Total contributions, gifts and grants$83,802
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$23,289
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $127,417$127,417
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax −$173−$173
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $247,710$247,710
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $155,872$155,872
VIII-12 Total revenueRelated to mission $23,289 · Unrelated business $0 · Excluded from tax $523,468$630,559
Part IX · Statement of functional expenses $995,097 across 10 lines filed
IX-6 Pay of disqualified personsPrograms $544,291 · Management $0 · Fundraising $0$544,291
IX-10 Payroll taxesPrograms $45,810 · Management $0 · Fundraising $0$45,810
IX-11a Management feesPrograms $25,925 · Management $35,423 · Fundraising $0$61,348
IX-11f Investment management feesPrograms $0 · Management $10,692 · Fundraising $0$10,692
IX-12 Advertising and promotionPrograms $34,438 · Management $0 · Fundraising $0$34,438
IX-17 TravelPrograms $7,769 · Management $0 · Fundraising $0$7,769
IX-19 Conferences, conventions and meetingsPrograms $2,431 · Management $0 · Fundraising $0$2,431
IX-22 Depreciation, depletion and amortizationPrograms $42,403 · Management $0 · Fundraising $0$42,403
IX-24 Other expenses (24a–d)Programs $86,696 · Management $20,451 · Fundraising $0$107,147
IX-24e All other expensesPrograms $138,778 · Management −$10 · Fundraising $0$138,768
IX-25 Total functional expensesPrograms $928,541 · Management $66,556 · Fundraising $0$995,097
Part X · Balance sheet $26,755,130 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $464,613$181,687
X-2 Savings and temporary cash investmentsStart of year $1,751,385$1,193,705
X-4 Accounts receivableStart of year $395,219$2,883
X-8 Inventories for sale or useStart of year $33,538$41,599
X-9 Prepaid expenses and deferred chargesStart of year $5,864$0
X-10c Land, buildings and equipment, netStart of year $126,086$107,547
X-11 Publicly traded securitiesStart of year $19,355,172$20,664,768
X-12 Other securitiesStart of year $5,342,924$4,558,934
X-15 Other assetsStart of year $4,008$4,007
X-16 Total assetsStart of year $27,478,809$26,755,130
X-17 Accounts payable and accrued expensesStart of year $17,703$44,322
X-19 Deferred revenueStart of year $457,458$71,699
X-26 Total liabilitiesStart of year $475,161$116,021
X-27 Net assets without donor restrictionsStart of year $27,003,648$26,639,109
X-32 Total net assets or fund balancesStart of year $27,003,648$26,639,109
X-33 Total liabilities and net assetsStart of year $27,478,809$26,755,130
Part XI · Reconciliation of net assets $26,639,109 net assets at year end
XI-1 Total revenue$630,559
XI-2 Total expenses$995,097
XI-3 Revenue less expenses−$364,538
XI-4 Net assets at start of year$27,003,648
XI-10 Net assets at end of year$26,639,109

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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